Leda approves buy
Sydney Shareholders of re-cently-listed Australian property group, Leda, Ltd, have approved the sAustlOs million acquisition of founder Bob Ell’s private company, Leda Holdings Pty, Ltd. A 573.23 M share and convertible note issue to
finance the transaction will increase Leda, Ltd’s market capitalisation to more than S2SOM, making it one of the top six listed property developers in Australia. Leda, Ltd, listed on the Australian Stock Exchange in January this year.
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Press, 14 May 1987, Page 27
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74Leda approves buy Press, 14 May 1987, Page 27
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